SPD plans massive tax reform: 95% of citizens benefit!

SPD plans massive tax reform: 95% of citizens benefit!

In Berlin, the SPD has taken the initiative to introduce a major income tax reform that is intended to relieve the burden on 95 percent of taxpayers. This reform stipulates that the highest one percent of incomes will be taxed more heavily. A corresponding draft resolution, which is to be passed next Sunday, emphasizes that these measures give people more financial flexibility and strengthen purchasing power. This would be a significant step towards stimulating the economy from the grassroots and middle of society.

The planned reform is part of a broader strategy that will be discussed during the SPD executive board's closed meeting on Sunday and Monday at the party headquarters in Berlin. This meeting forms the framework for strategic decisions that will be made with regard to the federal election, which is currently scheduled to take place on September 28, 2025. In the six-page resolution entitled “We are fighting for Germany’s future: stimulating the economy, securing jobs, relieving the burden on employees,” the party also addresses other important issues.

Proposals to increase the minimum wage and promote electromobility

A central concern of the SPD is increasing the minimum wage to 15 euros. This should not only strengthen purchasing power, but also improve the quality of life of many citizens. There are also numerous measures to promote the sale of electric cars, which are considered important in the party roadmap. In order to advance these developments, it is being discussed to introduce a purchase bonus for electric cars, to implement an electric car quota for leasing providers and to examine tax advantages for electric company cars.

The SPD also plans to promote corporate investments in promising industries without, however, reducing corporate taxes. Instead, comprehensive super-depreciation and tax bonuses are sought for companies that invest in essential areas for future economic growth. This is seen as an incentive for companies to become more involved in Germany. “Anyone who invests in Germany receives tax benefits,” says the draft resolution.

Criticism of the CDU and its economic policy

In its paper, the SPD also sharply criticizes the economic policy of the CDU under its chairman Friedrich Merz. The party points out that statements that portray workers as lazy and deny them fair wages and secure pensions call into question respect for a country's true performers. It is particularly emphasized that many employees with a migration background and their families are viewed by the CDU as a “problem”, which is seen as untenable.

These comprehensive changes and the SPD's specific proposals are not only intended as a response to current economic challenges, but also as a proactive strategy to take a clear position in the upcoming election campaign. With the proposed measures, the SPD could try not only to offer economic relief, but also to promote social justice by placing the interests of the broad masses of the population at the center of its politics.

The discussion about the proposed reforms and their potential impact remains exciting. Critics and supporters will be watching developments carefully, and it remains to be seen how strongly these ideas can find their way into the actual political agenda. A detailed overview of these proposals can be found in the current reporting on www.radiokoeln.de.